Gateway Central and Gateway West Buildings Completed at White City Place
Gateway Central is an eleven-storey building comprising 280,000 square feet of total floor area, including two outdoor terraces at Levels 4 and 8. L’Oréal UK and Ireland have taken the five upper floors of the building for their new UK Headquarters and are currently fitting out the new space. The design of Gateway Central with its solar-control glass with shading from external fins and shelves – enables the building to use less than half the energy a comparable building requires to cool. The building is targeting BREEAM Outstanding and an energy efficiency EPC ‘A’.
The building will provide a unique opportunity post-COVID for L’Oréal to build a workplace for tomorrow, designed around modern working methods that encompass L’Oréal’s ethos of creativity and innovation. The new HQ will also feature a training academy, a flagship training hub which plans to upskill 10,000 hair professionals from across the country each year.
Gateway West is a four-storey building comprising 25,000 square feet which offers the rare opportunity to accommodate a stand-alone headquarters while also being flexible for a multi-tenanted occupation. It is a distinctive, angular brick and ceramic building, accessed via a new, landscaped public garden. A collaborative approach to sustainability has resulted in a low level of embodied carbon in the building. It has also achieved 2025-2030 energy performance targets and the site now supports twice the previous levels of biodiversity, prior to its redevelopment. The building is targeting BREEAM Outstanding and an energy efficiency EPC rating of ‘A’.
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Canadian investor Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, and leading UK developer and asset manager Stanhope PLC have acquired a further property within Cambridge Science Park, expanding on their strategic holding in Cambridge and building further on their UK life sciences portfolio.
Leading UK developer Stanhope PLC and the Woolgate Exchange Unit Trust (WEUT) are moving forward plans for a full refurbishment of Woolgate Exchange, after receiving official planning consent from The City of London Corporation following the successful completion of their Section 106 agreements.
Canadian investor Cadillac Fairview, the real estate arm of Ontario Teachers’ Pension Plan, has acquired a 25% stake in UK developer and asset manager Stanhope PLC.
Trading firm Mitsui Bussan Commodities has signed a 10-year lease for the entire first floor of Warwick Court building at Paternoster Square, totalling 25,300 sq ft, with owner Mitsubishi Estate London.